This specialty retail shop is a well-established, turnkey business offering a curated selection of premium olive oils, aged balsamic vinegars, artisan bakery items, gourmet gifts and specialty coffee. By blending everyday consumables with unique tasting experiences, the business has built a loyal customer base, steady cash flow and an outstanding reputation. It's excellent location has strong visibility, consistent foot traffic and a mix of local and tourist clientele. The business has strong financial performance with proven growth and profitability from day one. The owner's discretionary earnings of $220k is fully supported by tax returns with no unusual add-backs. The multiple revenue streams provide significant growth opportunities. Great business!
- Asking Price:
- $550,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $910,000
- Cash Flow:
- $220,000
Property Information
- Real Estate:
-
Lease
- Location:
-
Excellent location with strong visibility and consistent foot traffic
- Premises Details:
-
First-class decor with ample parking. Approx 1600 sq. ft.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Buyers can further scale operations by expanding on-line sales, event-based experiences, catering and additional retail locations.
- Competition / Market:
-
With consistent year-over-year growth and minimal nearby competition, this business is well-positioned for continued success.
- Reasons for selling:
-
Owners wish to retire.
- Employees:
- 6 full time
- Years established:
- 9 years
Other Information
- Support & training:
-
Full transition support included, optional long-term consulting available.
- Financing available:
-
Pre-approved SBA financing available for qualified buyers
- Inventory / Stock value:
- $85,000 - included in the asking price
